New Issue: BofA prices $3 million of 9.5% yield autocallables tied to three stocks

By Susanna Moon

Chicago, May 25 – BofA Finance LLC priced $3 million of 9.5% autocallable yield notes due Aug. 22, 2018 linked to the common stocks of Eli Lilly and Co., MetLife, Inc. and Tesoro Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each stock closes at or above its initial level on any quarterly observation date after six months.

The payout at maturity will be par unless any stock finishes below its 65% trigger level, in which case investors will be fully exposed to any losses of the worst performing stock.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp
Issue:	Autocallable yield notes
Underlying stocks:	Eli Lilly and Co. (Symbol: LLY), MetLife, Inc. (Symbol: MET) and Tesoro Corp. (Symbol: TSO)
Amount:	$3 million
Maturity:	Aug. 22, 2018
Issue price:	Par
Coupon:	9.5% annualized, payable monthly
Payout at maturity:	Par unless any stock falls below 65% trigger, in which case full exposure to any losses of worst performing stock
Call:	At par if each stock closes at or above initial level on Nov. 22, 2017, Feb. 22, 2018 or May 22, 2018
Initial levels:	$78.14 for Eli Lilly, $49.96 for MetLife and $81.84 for Tesoro
Trigger levels:	$50.79 for Eli Lilly, $32.47 for MetLife and $53.20 for Tesoro; 65% of initial levels
Pricing date:	May 17
Settlement date:	May 22
Agent:	BofA Merrill Lynch
Fees:	None
Cusip:	09709TAM3

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